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If your trying to decide if the value is worth it, keep in mind that from the previous "riot store" information we have seen, a significant portion of the additional champions are in the high cost bracket to unlock with IP (I don't remember the specific term they used to describe them). So yes the original collectors addition is far better in terms of "characters unlocked per $," but they may be even when looking at the IP values of the characters you recieve.

A lot of people were asking for this so I think it is a good thing to add to the game. If you want it you can get it, if you don't feel free to ignore it. I think i would have to see the in store prices before I would consider this.

I bought the collectors pack, but what I really wished you guys had done would be unlock everything for $30 (Same cost as HoN), or unlock with IP...and then skins cost some extra money. Right now, HoN looks more appealing, and is cheaper.

To be honest, I only *bought* the Collector's Pack to encourage the team. I think their game is great and deserves our support. But hey, since I play with all champions, it's a good thing. Now I've been wondering something though:
The Champion + Collector is 49.99$, -5.00$ which is 44.99$
I bought the collector's pack: That's 30$
With this, I have 10$ in Riot points.
So from the top:
44.99 - 30 = 14.99 ([Champion + Collector] - Collector = A)
14.99 - 10 = 4.99 (A - Riot Points)
Which brings me to this question:
So it would only cost me 4.99$ to upgrade to the Champion Pack?
Please enlighten me, as the first post was VERY vague.

To be honest, I only *bought* the Collector's Pack to encourage the team. I think their game is great and deserves our support. But hey, since I play with all champions, it's a good thing. Now I've been wondering something though:
The Champion + Collector is 49.99$, -5.00$ which is 44.99$
I bought the collector's pack: That's 30$
With this, I have 10$ in Riot points.
So from the top:
44.99 - 30 = 14.99 ([Champion + Collector] - Collector = A)
14.99 - 10 = 4.99 (A - Riot Points)
So it would only cost me 4.99$ to upgrade to the Champion Pack?
Please enlighten me, as the first post was VERY vague.
Which brings me to this question:

Its actually $25 dollars, with a reduction of the 10 you already have down to $15. He already did that math before he posted it.

To be honest, I only *bought* the Collector's Pack to encourage the team. I think their game is great and deserves our support. But hey, since I play with all champions, it's a good thing. Now I've been wondering something though:
The Champion + Collector is 49.99$, -5.00$ which is 44.99$
I bought the collector's pack: That's 30$
With this, I have 10$ in Riot points.
So from the top:
44.99 - 30 = 14.99 ([Champion + Collector] - Collector = A)
14.99 - 10 = 4.99 (A - Riot Points)
So it would only cost me 4.99$ to upgrade to the Champion Pack?
Please enlighten me, as the first post was VERY vague.
Which brings me to this question:

Unfortunately you're basing this off his confusing graph. The Champion Bundle is actually $25. The $14.99 is after your $10 RP from the Collector's Edition, which RiotChris has assumed you're spending on the Champion Bundle and included in his graphic.

Personally, I've gotten more enjoyment out of LoL than I do out of most $60 xbox games. I've already bought the $30 collector's pack, and will happily drop the extra $15 to have everything immediately unlocked. I'm sure playing long enough I would unlock them for free anyways, but I'd rather support Riot and have the luxury of having everything now.

Also, I figure if I'm ahead of the game in Inf points, then that's just more I can use to build ideal rune pages and unlock future champions.